Application of concepts from Constance Brown "Technical Analysis for Trading Professionals", specifically: Chapter 7: Price Projections By Reverse Engineering Indicators , and Chapter 8: Price Objectives Derived From Positive and Negative Reversals In The RSI .
Specifically: I wanted to see if better Exit signals for the RSI could be generated from a basic...
Minor modification to Everget's implementation of Constance Brown's Derivative Oscillator.
Toggles for DOSC Columns, Line, Circles
Signal line toggle
Color change
Misc. Comments + Source attribution
Parallel version of CBCI Cu + RSI w/ SMA and EMA. It's both indicators, but combined into one indicator space with an adjustable bidirectional offset for the spacing and location.
According to Constance Brown, both the CBCI and RSI are technically supposed to be used in tandem to easily spot divergences - this is an attempt to put that into practice, in one...
//@version=3
// Constance Brown Composite Index
// Re-implementation of CBCI based upon LazyBear's version + source text
// References:
//
// original author: @LazyBear
// "Technical Analysis for Trading Professionals" by Constance Brown, pg. 369
